Surcharge

Budget 2015: In push for growth, FM to cut corporate tax rate to 25% in 4 yrs

The reduction in the corporate tax rate will result in a higher level of investment and higher level of growth

Rail minister hints at another hike in booking, cancellation surcharge

"ticket bookings are open for 120 days and these agents buy the tickets in bulk and sell them for 119 days and return the unsold ones on the last day. These charges will have to be increased gradually to tackle this menace

Budget 2013: 10% surcharge on taxable income exceeding Rs 1 cr

The finance minister said that he proposed to increase the surcharge from 5 percent to 10 percent on domestic companies whose taxable income exceeds Rs 10 crore a year.